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Score

哈富证券

China Hong Kong 10-15 years
Regulated in China Hong KongOptionsCommission 0.025%

https://www.hafoo.com.hk/

Website

Time Machine

Rating Index

Brokerage Appraisal

Influence

B

Influence Index NO.1

coverUnited States

Products

5

Securities Lending Fully Paid、Investment Advisory Service、Stocks、ETFs、Mutual Funds

Surpassed 29.78% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index
https://www.hafoo.com.hk/
香港金钟夏悫道18号海富中心一期32楼3203室

Securities license

Obtain 1 securities license(s)

SFCRegulated

China Hong Kong Securities Trading License

Global Seats

Owns 1 seat(s)

China Hong Kong HKEX

Seat No. 01885

Trading

Brokerage Information

More

Company Name

Hafoo Securities Limited

Company Abbreviation

哈富证券

Platform registered country and region

China Hong Kong

Company address

香港金钟夏悫道18号海富中心一期32楼3203室

Check whenever you want

WikiStock APP

Features of Brokerages

Trading Fee

$1.95

Platform Service Fee

HK$15

Commission Rate

0.025%

New Stock Trading

Yes

Company Profile

Hafoo Securities Limited
123
WikiStock Rating ⭐ ⭐ ⭐
Fees Hong Kong stocks: 0.025% per transaction with a minimum of HK$5 per order;US stocks: Starting at $0.49 per share with a minimum of $0.99 per order
Mutual Funds Offered Yes
App/Platform Hafoo Securities app and Hafoo Securities platform
Promotions New account opening rewards up to $1000

What is Hafoo Securities Limited

  Hafoo Securities Limited, a wholly-owned subsidiary of East Money Information Co., Ltd., is a licensed corporation recognized by the Hong Kong Securities and Futures Commission (SFC, License no. ATR761). East Money Information Co., Ltd., established in 2005 and listed on the Shenzhen Stock Exchange's ChiNext Market in 2010, backs Hafoo Securities with solid financial expertise. Hafoo Securities offers robust security with two-factor authentication (2FA) and 24/7 customer service in Mainland China, ensuring continuous support. The platform also features low fees and a user-friendly trading app. However, it does not support forex and crypto trading, and its educational content is limited.

What is Hafoo Securities Limited?

Pros and Cons of Hafoo Securities Limited

  Hafoo Securities Limited, regulated by the SFC in Hong Kong (License no. ATR761), ensures a secure and trustworthy trading environment for its clients. One of its major advantages is the implementation of two-factor authentication (2FA) for account access, providing an additional layer of security against unauthorized access. Clients also benefit from the availability of 24/7 customer service in Mainland China, ensuring that assistance is always at hand whenever needed. On the downside, the platform does not support forex and crypto trading, limiting the options for investors interested in these markets. Additionally, the educational content offered by Hafoo Securities is limited, which might not fully meet the needs of investors seeking extensive learning resources.

Pros Cons
  • Regulated by SFC in Hong Kong
  • Not supporting forex and crypto trading
  • Two-factor authentication (2FA) for account access
  • Limited educational contents
  • 24/7 customer service in Mainland China

Is Hafoo Securities Limited safe?

  Regulation

  Hafoo Securities Limited operates under the authorization of the Securities and Futures Commission (SFC) in Hong Kong, holding license number ATR761.

Regulation

  Funds Safety

  Client funds at Hafoo Securities Limited are securely held in segregated bank accounts, ensuring that they are kept separate from the companys operational funds. The safety of these funds is subject to rigorous periodic audits by regulatory authorities.

  Safety Measures

  To further enhance security, Hafoo Securities employs advanced encryption technologies to protect stored funds and implements robust account security measures to prevent unauthorized access and data breaches. All clients must use two-factor authentication (2FA) to access their Hafoo Securities accounts, which cannot be disabled.

What are securities to trade with Hafoo Securities Limited

  Hafoo Securities Limited offers a variety of trading instruments including stocks, bonds, options, and other derivatives. However, the broker does not provide access to certain products such as cryptocurrencies and foreign exchange (forex) trading.

  Investors can trade Hong Kong stocks with access to a wide range of securities listed on the Hong Kong Stock Exchange, benefiting from competitive fees and real-time market data.

  The broker also supports US stock trading, providing access to major US exchanges, real-time quotes, and detailed market analysis.

  For those interested in derivatives, US stock options are available, offering tools for options strategies and risk management.

  Additionally, Hafoo Securities facilitates trading in US Treasury bonds, allowing investors to diversify with stable fixed-income securities.

  The platform also supports fractional US stock shares, enabling investment in high-priced US stocks with smaller capital.

  Through the Shanghai-Hong Kong Stock Connect, A-share trading is available, allowing direct trading of eligible stocks in the Shanghai and Shenzhen markets.

What are securities to trade with Hafoo Securities Limited?

Hafoo Securities Limited Fees Review

  Hafoo Securities Limited applies transparent fee structures across various markets to ensure clarity and affordability for investors.

  For Hong Kong stocks, trading commissions are calculated at 0.025% of the transaction amount, with a minimum of 5 Hong Kong dollars per order. A platform usage fee of 15 Hong Kong dollars per order is also applicable. Stamp duty is charged at 0.1% of the transaction amount, rounded up to the nearest Hong Kong dollar (excluding warrants, callable bull/bear contracts, and ETFs). Additionally, regulatory fees include a Securities and Futures Commission transaction levy of 0.0027%, with a minimum charge of 0.01 Hong Kong dollars per transaction, and a Hong Kong Exchanges and Clearing Ltd trading fee of 0.00565%, also with a minimum charge of 0.01 Hong Kong dollars per transaction. Settlement fees are applied at 0.002% of the transaction amount, with a minimum of 2 Hong Kong dollars and a maximum of 100 Hong Kong dollars per transaction.

Hafoo Securities Limited Fees Review

  For US stocks, trading commissions start at 0.49 cents per share, with a minimum of 0.99 US dollars per order, supplemented by platform usage fees and settlement fees based on per-share rates. ADR (American Depositary Receipt) fees typically range from 0.01 to 0.03 US dollars per share.

Hafoo Securities Limited Fees Review

  A-share trading via the Shanghai-Hong Kong Stock Connect incurs a commission rate of 0.025%, with a minimum of 5 Chinese yuan per transaction, alongside platform usage fees and other applicable charges such as stamp duty, regulatory fees, and transfer fees.

  When trading A-share ETFs (Exchange-Traded Funds) through Hafoo Securities Limited via the Shanghai-Hong Kong Stock Connect, investors incur a trading commission of 0.025% of the transaction amount, with a minimum charge of 5 Chinese yuan per order. In addition to the trading commission, there is a platform usage fee of 15 Chinese yuan per order.

Hafoo Securities Limited Fees Review

Hafoo Securities Limited App Review

  Hafoo Securities Limited offers a streamlined investment experience through its mobile app, the Hafoo Securities app, and desktop platform. These platforms support trading in Hong Kong stocks, US stocks, A-shares, and mutual funds.

Hafoo Securities Limited App Review

Research and Education

  Hafoo Securities Limited stands out with its comprehensive educational offerings through the Investment Academy.

  The Academy covers essential topics such as A-share connectivity, providing insights into the mechanisms of the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect, enabling investors to trade eligible stocks directly across these markets.

  Additionally, the Academy educates on the NASDAQ Composite Index, detailing its composition heavily weighted towards technology stocks, offering a broad view of the performance of NASDAQ-listed companies.

  Moreover, investors learn about margin trading, also known as financing transactions, where securities are borrowed against collateral to facilitate short selling or leverage trading strategies.

  Furthermore, the Academy explains the concept of stop-limit orders, a risk management tool that triggers a limit order once a specified stop price is reached, ensuring control over trade execution and price.

Research and Education

Customer Service

  Clients based in Mainland China can avail themselves of continuous support through a dedicated 24/7 hotline at (86)400-920-1822. In Hong Kong, during regular business hours (Monday to Friday, excluding public holidays), clients can contact the office at (00852)2111-2681 for prompt assistance. For seamless communication, inquiries can also be directed to the email address cs@hafoo.com.hk, where the attentive team ensures swift responses and resolution of queries. The service center, located at 32/F, Tower 1, Hafoo Centre, 18 Harcourt Road, Admiralty, Hong Kong, provides a conducive environment for clients seeking face-to-face consultations.

Customer Service

Conclusion

  Hafoo Securities Limited, regulated by the SFC in Hong Kong (License no. ATR761), excels in providing a secure trading environment with robust two-factor authentication (2FA) and 24/7 customer service in Mainland China, ideal for security-conscious investors needing reliable support. However, it lacks support for forex and cryptocurrency trading, and its educational resources are somewhat limited, which may not fully satisfy investors seeking broader market opportunities and learning materials.

FAQs

  Is Hafoo Securities Limited safe to trade?

  Yes, Hafoo Securities Limited is regulated by the Securities and Futures Commission (SFC) in Hong Kong. Client funds are held in segregated bank accounts, separated from the company's operational funds, and undergo regular audits by regulatory authorities to ensure safety. The platform employs mandatory two-factor authentication (2FA) for all client logins, enhancing protection against unauthorized access and data breaches.

  Is Hafoo Securities Limited a good platform for beginners?

  Yes, Hafoo Securities Limited is suitable for beginners due to its user-friendly trading platforms and educational resources. The availability of two trading platforms caters to different levels of trading experience, accommodating beginners who are learning to navigate the financial markets and seasoned investors looking for comprehensive trading tools and resources.

  Is Hafoo Securities Limited legit?

  Yes, Hafoo Securities Limited is a legitimate entity authorized by the Securities and Futures Commission (SFC) in Hong Kong, operating with license number ATR761.

Risk Warning

  The information presented reflects WikiStock's assessment of the brokerage's website data and may be subject to updates. It's essential to note that online trading carries significant risks, including the potential for complete loss of invested funds. Understanding these risks thoroughly before participating is imperative.

Others

Registered region

China Hong Kong

Years in Business

10-15 years

Products

Securities Lending Fully Paid、Investment Advisory Service、Stocks、ETFs、Mutual Funds

Client Support

Relevant Enterprises

Countries

Company name

Associations

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东方财富信息股份有限公司

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